This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Velti Appoints Jeff Ross As New Chief Financial Officer

Stocks in this article: VELT

Velti (NASDAQ: VELT), the leading global provider of mobile marketing and advertising technology and solutions, today announced the appointment of Jeff Ross as the company’s Chief Financial Officer, effective Monday January 7, 2013. With more than 25 years of international finance experience, including at Sybase and PricewaterhouseCoopers, Ross is the fourth senior executive to join Velti's top ranks in the past six months.

Ross joins Velti from Sybase, where he has been Chief Financial Officer since 2007 and was before Chief Accounting Officer and Corporate Controller, until a $6.8 billion acquisition by SAP. He was responsible for developing, communicating, and monitoring all financial aspects of the company’s overall strategic plan, including controlling, financial planning and analysis, corporate development, tax, treasury, and investor relations. Prior to his promotion to Chief Financial Officer, Ross was Chief Accounting Officer and Corporate Controller of Sybase.

“Jeff is a highly accomplished and respected financial executive in the technology industry and, we are thrilled to have him join our team,” said Alex Moukas, Velti Chief Executive Officer. “His track record of providing strategic leadership and driving balanced growth and cash generation will help us further Velti’s position as the leader in mobile marketing and advertising technology for brands and advertisers. Jeff will lead the initiatives we have already commenced reviewing our organization and customer base, remaining focused on cash generation, ongoing reduction of operating and capital expenses and growth in our key markets.”

“With the recent additions of Jeff as CFO, Harry Patz as Chief Revenue Officer, Jason Hoffman as SVP Product Management and Jesper Helt as SVP Human Resources, we are well positioned as we start the next stage of our development” added Moukas.

“Velti is playing a leading role in helping to shape the rapidly evolving mobile marketing and advertising industry, and is uniquely positioned with its extensive global presence and potential,” said Ross. “I am very excited to join the Velti team and lead the company’s financial operations, with a focus on cash flow generation and growth in key markets.”

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,803.16 +25.01 0.14%
S&P 500 2,067.75 +6.52 0.32%
NASDAQ 4,757.5990 +9.2030 0.19%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs